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Yesterday, it was said that $HYPE first saw 55, and it has now broken through. What should be the next target?
Since April, Lao K has been continuously recommending going long and building a position in HYPE spot. At that time, the price range was around 39. As of now, the increase has exceeded 60%. Early on, Lao K pointed out that among the mid- to long-term hold altcoins in this cycle, HYPE has irreplaceable allocation value. From the actual trend, this judgment has been validated: giant whale institutions continue to increase their holdings, on-chain exchange funds are flowing in constantly, and the project team reduces circulating supply through buyback and burn mechanisms, creating a deflationary effect—this is a substantial positive factor that most altcoins do not have. Because of this, HYPE has formed an independent trend, continuously rallying. Even some mainstream exchanges have yet to dare to list HYPE spot trading, indicating the significant market pressure it faces.
The current price is about $58. If you chase the high at this point, I personally strongly advise against it. Quality projects usually involve a thorough shakeout process; investors who haven't entered yet should patiently wait and observe for a more suitable entry point. But overall, choosing HYPE remains the right direction.
Retail investors who already hold positions can continue to hold with confidence. If there is a need to reduce or add to positions later, I will provide prompt updates. The mid- to long-term target price range is around $85. #SpaceX正式提交IPO申请